Bitcoin and Ethereum prices fell as expectations for a 25 basis point Fed rate hike in September rose to 66.4%.
At 8:19 AM ET on September 1, Bitcoin's price fell to $77,945.97, and Ethereum's price dropped to $2,454.23. CME Group's FedWatch Tool shows that the probability of the Federal Reserve raising interest rates by 25 basis points later this month has risen to 66.4%, compared to just 39.6% last week. Analysts believe that the war in Iran has led to an increase in oil prices, exacerbating inflation concerns and interest rate hike expectations, thereby putting pressure on cryptocurrency prices.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Dogecoin could face its first daily "death cross" since 2026, but analyst Ali remains bullish.
-
2
How to Earn Yield by Staking OKB: A Beginner's Guide
-
3
LC Coin (LC SHIB) Analysis: Solana-Based Meme Coin Security Platform Token
-
4
Older Americans less affected by affordability crunch than younger generations, potentially impacting 2026 midterms
-
5
How to Invest in Cryptocurrency for Beginners?
-
6
Astar (ASTR) Coin Buying Guide: Binance Platform Registration and Trading Tutorial
-
7
SPE Token (SavePlanetEarth) Trading and Exchange Listing Analysis
-
8
Wall Street: JPMorgan's "Democrat Factor" surges 20%, as market expectations for a Democratic sweep of both chambers of Congress rise, with crypto-related assets listed as shorting targets.
-
9
PancakeSwap (CAKE) Technical Upgrade Analysis and Market Impact
-
10
Wiki Cat (WKC) Token Analysis and Trading Status
Markets Today
Recommended Reading









